U.S. Consumer Prices Up 0.3% in June

The consumer-price index rose a seasonally adjusted 0.3% in June from a month earlier, the U.S. Department of Labor reported Friday. Prices for gasoline, food, and shelter all increased last month. Excluding the volatile food and energy categories, so-called core prices increased 0.2%. Both measures matched the forecasts of economists surveyed by the Wall Street Journal. Compared with a year earlier, overall prices rose 0.1%, marking the first annual increase since December. Core prices were up 1.8% from a year earlier.

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